#layoffs

Illinois employers reported thousands of mass layoffs last month. The actual number of affected workers is closer to 2,300. The manufacturing sector recorded 1,264 permanent job losses. First Brands Group LLC accounted for over 1,000 of these cuts. The company filed for Chapter 11 bankruptcy in September 2025.

https://www.illinoispolicy.org/manufacturing-layoffs-drive-illinois-job-cuts-in-february/

Is anyone else losing a bunch of offshore resources, due to the renegotiation of the contract with Wipro? We're losing six people at the end of the month, as a result of it.

Inovio Pharmaceuticals has cut staff and narrowed its focus to its lead rare disease candidate, which is already encountering early FDA pushback. The company reported 112 employees as of March 11, down from 134 a year earlier.

https://www.fiercebiotech.com/biotech/inovio-trims-team-trouble-brews-fda-rare-disease-candidate

Less than a year after cutting 25% of its workforce, Bicycle Therapeutics is once again making layoffs. This time, the biotech is set to reduce its workforce by 30%. Because Bicycle had 288 employees at the start of 2026, this means about 86 workers are set to lose their jobs in this round of layoffs.

https://www.nbcboston.com/boston-business-journal/massachusetts-biotech-cuts-30-of-workforce-winds-down-lead-dr-g/3917165/

There has been nothing about layoffs in the UK yet, and I have heard nothing on the grapevine about anything in EMEA. It has NOT started.

Don't get me wrong, I want it to start, and I want to be on the list. Happy to take some cash and run.

I'm sure the storm is coming, but it is not here yet.

Oracle is preparing for another round of job cuts in the coming months. The company allocated an additional $500 million for restructuring costs. This brings its total restructuring funds to $2.1 billion for the current fiscal year. Oracle cites AI advancements and data center expansion as reasons for these changes. The company previously cut over 3,000 jobs across several countries last year.

https://www.msn.com/en-in/money/topstories/oracle-prepares-for-layoffs-sets-aside-2-1-billion-for-restructuring/ar-AA1YslLl?ocid=finance-verthp-feeds&apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1

Staff reductions at Harvard's engineering school are impacting daily academic life. Approximately 40 staff members were cut due to financial pressures. Financial challenges cited include a federal endowment tax and research funding uncertainty. Laboratories now operate with fewer technicians and slower equipment maintenance. Students are modifying projects and courses are changing due to reduced staffing.

https://education.economictimes.indiatimes.com/amp/news/international/harvard-engineering-layoffs-disrupt-research-labs-courses-and-student-projects/129630750

It's coming Oracle.
With layoffs comes business operations distruptions.
Good read a survey.
https://careerminds.com/blog/cost-of-ai-layoffs?hl=en-GB

Meta is reportedly considering significant global workforce reductions. The company may lay off 20% of its employees. This move aims to offset substantial spending on AI infrastructure. Meta recently committed $27 billion for AI infrastructure with Nebius. Austin, Texas, has Meta offices and has experienced previous job cuts.

Austin, Texas

https://finance.yahoo.com/news/possible-massive-meta-layoffs-could-010300891.html

CRRC Massachusetts laid off 142 workers on March 16. This action affects its Springfield plant operations. U.S. Customs officials are blocking railcar parts from China. The parts seizure stems from an alleged forced labor law violation. This disruption has also delayed MBTA railcar order completion.

Springfield, Massachusetts

https://www.railway.supply/crrc-massachusetts-layoffs-hit-springfield-plant/

I'm hearing all Tech will wfh next week, I'm hearing about a 'tsunami of layoffs', I'm hearing of mass debandings, I'm hearing about layoff percentages I don't even want to repeat.

But it's all rumors.

What do you KNOW FOR A FACT?

Are they still actively looking for those who worked less than 6 hours at the office? Or did they catch everyone? Asking for a friend…

If you got whacked we told you so

We know so little. The dread is unbearable.

They’re combining and eliminating some roles at the sites. Mainly in maintenance and quality from what I know. Maintenance planners is one.

don't trust this company too much; they start hiring in massive while firing and laying people off. Start looking for a new job, not a good management. they will give you last min surprises that you haven't performed well. Don't even know if they pay severance.

That’s probably not a good sign for those who would prefer to remain employed.

Crown Castle was something once beautiful and admired, now placed on a shelf with a price tag that no one bothers to read. The brightest jewels that once gave it life and purpose have long since been taken away and discarded, leaving only a dull, hollow relic behind of non-functional leadership. What remains is a picked over company run by desperate figures who claw at whatever crumbs they can find and cling to their pathetic power, each fighting not out of ambition, but out of fear of having nothing left.

The old guard still lingers, the good old boys those who once basked in power and comfort, now wandering the dim corridors in search of someone weaker to blame, someone to sacrifice so they can feel important for just a little longer. Each decision they make feels like another boot pressing down on another neck, another story ending before it ever had a chance.

Inside this fading Castle, the air is thick with disappointment and decay. Whispers of dishonesty echo through the halls, and trust is a forgotten language. It’s a place where hope packs its bags quietly, slipping out the side door while the last embers of dignity flicker and go dark.

layoffs taking place today 3/17/26. Myself along with 2 others I know were laid off effective today!! GBD business

I never thought I would be writing something like this.

I’m 45 years old, and I’ve spent the last 18 years at Ansys, working remotely and affiliated to the Pune office in India. Like many others, I joined when the company was known for its stability, long-term vision, and the way it treated its employees. For nearly two decades, it felt like a place where you could build a career with trust and security.

Yesterday, that changed.

In a short meeting with HR, I was informed that I’ve been laid off. Our team, based out of India, USA and Spain is being cut by nearly 80%. Just like that.

I have a housing loan (EMI), daily expenses to manage, and a 2-year-old daughter depending on me. My wife is working, and she can support us for now, but I don’t want to put the entire burden on her shoulders. Living on a single income, especially in today’s world, isn’t sustainable for long.

What makes this harder is not just the job loss itself, but the feeling that something fundamentally changed. For years, Ansys was seen as a stable and dependable company. Many of us built our lives around that belief. The recent acquisition has shaken that trust. It feels like decades of stability and goodwill have been undone in a very short time.

It’s difficult not to feel that employees have become secondary to financial goals. Decisions like these make it seem like people are just numbers on a spreadsheet.

Right now, I’m trying to process everything and figure out the next steps for my family. I just had to vent since I never really expected I’d see this happen. I was naive. Anyway, good luck to you folks around the world, I hope things go well.

Tsunami of Layoffs w.r.t Principal Engineers, Directors, Senior Managers, Managers is on the way

Edgewell Personal Care announced the closure of its Schick razor manufacturing facility. This plant is located in Milford, Connecticut. The closure will result in 293 permanent layoffs. Employee terminations are expected to begin in March 2026. The facility is slated to close permanently by the end of 2027.

30 day PIP process, based on DAPR numbers not CCRS. Takes one month of lackluster results, and 90 days to get off. Even if you hit the quarterly number, a single monthly miss puts you on a written. Have fun trying to take vacation or any time off.

R2B moving out of stores, managing the biggest demographic, and outnumbering Mid Markets 2:1. Open reqs for Mid Markets continually closing and reopening, no new hires.

Full calendars of nothing but blitz calls and zero focus on anything but "growth" via new logos and phone adds. Calendar filled up for 10hr, and being told by Sr Managers and Directors that we need to "sacrifice" to hit the number.

It has been a fun ride. Hopefully it ends in some severance packages and not just managing everyone out with asinine policies.

The Cigna Group confirmed plans for approximately 2,000 layoffs. These job cuts will occur worldwide by the end of this month. The affected workers comprise less than three percent of its global workforce. Cigna stated the decision aims for greater business efficiency. Connecticut-based roles are expected to be minimally impacted.

Bloomfield, CT

https://www.ctinsider.com/business/article/cigna-group-health-insurance-bloomfield-ct-layoffs-21352017.php

Our leader, Jeremy (Give Me Some) Legg announced a fews weeks ago while here in Bothell, that we would be moving from 7 & 8, to some other location. This was proceeded a couple months earlier with a survey asking if we would like to have an office closer to amenities and a would be willing to drive extra for it.

Now we are faced with moving to a new location , possibly 30+ minutes further away. This might be ok for some but not for those who live close by or west of Bothell.

The bigger question is: why would at&t do this? The NTC is in the same complex as 7 & 8, we own the buildings, and we have plenty of desk space (newly upgraded). The parking su-ks if you arrive after 10 am but food options are not that far away if you like to eat out every day. We recently got out of all the leased building in Bothell and Redmond and moved everyone here.

So, when they move us out to a new leased building, what happens to 7 & 8? Do they get sold or leased to another company?

In the mean time, ~2000 Bothell employees get displaced and moved to a leased (temporary) location. It is only a matter of time we are told that since we don't have a permanent office space, our jobs have moved to Dallas. Bye bye Washington employees.

Newell Brands announced significant changes for Yankee Candle. The company plans to close 20 stores. These closures affect locations in the United States and Canada. Approximately 900 Yankee Candle employees will be laid off. This action is part of a broader productivity plan.

https://www.ctinsider.com/business/article/yankee-candle-stores-layoffs-ct-21221134.php

CVS Health plans to lay off 313 additional remote workers. These layoffs include 17 employees in Connecticut. The terminations are set for April 3 through July 31. The company cited operational changes in its Small Group business. More than 1,000 employees have been cut over the last two years.

Hartford, Connecticut

https://hartfordbusiness.com/article/cvs-health-aetna-laying-off-313-remote-workers-17-in-ct/

Layoffs have been confirmed for May, affecting 15% of employees, with the list of impacted individuals to be shared with management this week.

Grade 30 reporting this:
3/19/26 is 1 of 4 layoffs coming. Was informed UBH, ECS, OI, PI, CCR, Optum Serve, MCO, E&I, and numerous customer service roles will be impacted. This is 1 of 4 more remaining layoffs occurring in 2026.

For those remaining, PIPs will be the new norm to avoid paying severence packages. Easiest way to reduce $. Workforce will be even more slim & existing work will continue to increase w fewer resources. AI is expected to reduce the time to do the work. OGS will pick up the new jobs (+ they get a $10-20k bonus for OGS referrals).

Buckle up - even tougher times are ahead.

Saks Global LLC secured an additional $300 million in bankruptcy funding. The luxury retailer also has a five-year business plan. Over 1,200 Saks employees will face layoffs by May. The company plans to close more than a dozen stores. Saks Global filed for Chapter 11 bankruptcy in January due to debt.

New York, New York

https://www.wfaa.com/article/money/business/layoffs-store-closures-mount-as-saks-global-sees-end-to-bankruptcy-ahead/287-7c396f94-3e3a-49c7-bdf8-56f02b88c5af

Messari CEO Eric Turner has stepped down from his position. CTO Diran Li is now taking over as the new CEO. The company also implemented a reduction in its workforce. This move supports Messari's new focus on artificial intelligence. Turner will stay on to advise the company.

https://www.theblock.co/post/393840/messari-ceo-steps-down-layoffs

United Natural Foods Inc. will close its Sturtevant facility. This closure impacts 443 workers. The company announced this on March 16. Layoffs are scheduled from June 20 to August 1. The company is based in Providence, Rhode Island.

Sturtevant, Wisconsin

https://www.jsonline.com/story/money/business/2026/03/17/united-natural-foods-to-layoff-443-workers-in-sturtevant/89192527007/

Voluntary/targeted severance.

The old guard is ready to leave and just cashing checks at this point.

MGRs are disengaged over the ridiculous demands, broken equipment, increased micromanaging, and 25% individual store bonus multiplier...getting worse daily.

Sycamore would be wise to move quickly on this.

The West Central Wisconsin Workforce Development Board is hosting a rapid response session. This event targets Family Fare employees and other workers facing layoffs. SpartanNash announced 57 layoffs at Family Fare in Chippewa Falls in February. The information session is scheduled for March 19, 2026. It will cover unemployment benefits, health insurance, and dislocated worker services.

Chippewa Falls, Wisconsin

https://www.weau.com/2026/03/17/informational-session-happening-chippewa-falls-family-fare-employees-affected-by-lay-offs/

This layoff round is taking a large amount of causalities. US/CA/UK/EMEA/India

Good luck to all

2025 executive pay was just published in Cigna’s annual proxy report. Here’s how much the visionary leaders who are running the company into the ground are making - while your pay doesn’t even keep up with inflation and thousands of us are being laid off or replaced by workers in India at HIH.

David Cordani- $22.9 million
And no doubt he’ll also be getting a huge retirement package when he steps down as CEO in July.

Brian Evanko- $10 million
And he’s poised to make a LOT more as CEO.

Nicole Jones- $6 million
She’s Cordani’s right hand person so that’s not surprising. Will she survive the Evanko era though?

Ann Dennison (CFO)- $4.7 million
She’ll probably make a lot more this year depending on how fast Cigna can get rid of dedicated employees

Everett Neville- $4.1 million
How does this guy make that much?? He doesn’t run any businesses or operations and seems to just be a talking head. His title is “EVP, Strategy and Business Development” but we don’t even have a real strategy and the last few business development deals have been total disasters - MDLIVE or VillageMD anyone?? Cigna lost between $1.5 and $1.8 BILLION on VillageMD alone. How does that justify being paid more than $4 million??

After getting IM in end of year review, boss put in workday a corrective action that will last couple of months .

Added 2 projects to meet a set deadline time that is impossible.

Is this a prelude to being fired for performance, or just mean you are in the list for layoff.

If fired, can you still get unemployment

If fired with documented boss personally does not like you and make life difficult for you, any possible legal action .

Mass exodus by choice and some forced out. All locations are trimming fat so they can find a viable suitor for each non performing business unit. Glad I left before more cuts. Poorly ran from the top down, and frankly the union that exists in many locations is the downfall of any company with potential. Less than 7% of companies have unions and they all struggle, all layoff and eventually sell various business units to divest that waste and added expenses that union employees present to companies.